SIRI climbs to highest close since April 23rd
Sirius XM Holdings Inc. (SIRI) Technical Analysis Report for Jul 12, 2019 | by Techniquant Editorial Team
SIRI ended the week 2.71% higher at 6.07 after gaining $0.04 (0.66%) today, slightly outperforming the Nasdaq 100 (0.59%). Today's close at 6.07 marks the highest recorded closing price since April 23rd. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.
Daily Candlestick Chart (SIRI as at Jul 12, 2019):
Friday's trading range has been $0.06 (0.99%), that's far below the last trading month's daily average range of $0.11. Weekly volatility is also lower, being below the market's average weekly trading range. The longer-term, monthly volatility is currently slightly higher than usual for SIRI.
Two candlestick patterns are matching today's price action, the Northern Doji which is known as bearish pattern and one neutral pattern, the Doji.
Prices are trading close to the key technical resistance level at 6.13 (R1).
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.